New York Mortgage Trust, Inc. (NYMTN) To Go Ex-Dividend on December 31st

New York Mortgage Trust, Inc. (NASDAQ:NYMTN) declared a quarterly dividend on Tuesday, December 10th,Wall Street Journal reports. Shareholders of record on Wednesday, January 1st will be given a dividend of 0.50 per share on Wednesday, January 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 9.07%. The ex-dividend date is Tuesday, December 31st.

New York Mortgage Trust has increased its dividend by an average of 0.8% annually over the last three years.

New York Mortgage Trust Price Performance

Shares of NASDAQ NYMTN opened at $22.04 on Friday. New York Mortgage Trust has a 1 year low of $20.25 and a 1 year high of $23.56. The firm has a fifty day moving average price of $22.75 and a 200-day moving average price of $22.25.

New York Mortgage Trust Company Profile

New York Mortgage Trust, Inc acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets.